Tax Shelter Annuities

As an employee of the Putnam County School District you may elect to have funds deducted from your paycheck before taxes, to be deposited into a tax shelter annuity account. You must use the approved Salary Reduction form which must be signed by both the employee and the approved agent, and then turned into the Payroll Department.

You may at any time elect to stop the deduction that is going into your Tax Shelter Annuity product by simply filling out and submitting a "Deduction Stop" form to the Payroll Department.

You may elect to change the amount of the deduction going into your Tax Shelter Annuity product by filling out and submitting a new "Salary Reduction Agreement", however it must be signed by both the employee and the agent prior to submission to the Payroll Department.

All loans from, or transfer of funds within any Tax Shelter Annuity products must be conducted through TSA Consulting Group, Inc. You may contact them at www.tsacg.com or by calling 888-796-3786. You will also find a link to the company from the Links tab on this page.